This is one of the all-time classic lines in the movies. Captain Quint, Police Chief Brody and Hooper are out looking for the Great White Shark in the movie Jaws. After the Great White attacks the Orca, Brody turns to Quint and says, “You’re gonna need a bigger boat.” What does this have to do… Continue Reading: Practical Reasons Why “You’re Gonna Need a Bigger Boat.”
Here are 5 Easy Reasons for a Pending Economic Slowdown. 1)Trade Wars At the top of the list is the current trade wars. Frankly, it is hard to keep up. So far, President Trump has signed 93 Executive Orders and counting. If he signs 7 more by April 29, 2025, he will have averaged one… Continue Reading: 5 Easy Reasons for a Pending Economic Slowdown
All the way back in January 2020 we wrote about The Roaring Twenties 2.0. What have been the biggest changes since then? The Pandemic No question. It would be easier to describe what the Pandemic has not changed rather than what it has changed. The answer is…not much. You name it, and the Pandemic has… Continue Reading: 7 Easy Things Learned from The Roaring Twenties 2.0
Winter is coming up on the calendar, just like it does every year. The squirrels will be gathering their nuts and the Snow Birds will be heading south. In New England, some winters are harsher than others. Through the years, I have definitely become a fan of mild winters. Weather wise, as we say a… Continue Reading: It Is Easy to See, Winter Is Coming
Some have called this the Waiting for Godot Recession. Waiting for Godot was a play that came out in the early 1950’s. It was voted the most significant English-language play of the 20th century. 1) The two main characters banter back and forth and have various encounters while waiting for Godot. The recession we are… Continue Reading: 6 Black Swans Easy to See
Local Manchester, CT FA Thomas Scanlon quoted by CNBC.com on Thursday, May 16, 2024. KEY POINTS Many Americans are earning more on cash after interest rate hikes from the Federal Reserve — and that income can trigger a surprise at tax time. “So many people were shocked by their cash interest earned” and taxes owed, said Boston-based certified financial… Continue Reading: Options to Reduce Taxes on Your Savings Interest
This article is original content written by local Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA You have reached the holy grail (for some) and retired. Congratulations! You are in the Land of No Alarm Clocks. Now you can do (almost) whatever you want to do. You’ve worked your whole life to get here. Now… Continue Reading: 4 Easy Steps to Stay Retired
Everyone ‘knows’ and is constantly talking about the next Recession, if we are not already in it already. What is a Recession? The textbook definition of a Recession is when the Gross Domestic Product (GDP) contracts for two straight quarters. For the first quarter of 2022 the GDP contracted 1.6 %, for the second quarter… Continue Reading: 6 Easy Ways to Navigate a Recession
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Mad Max 2 known as The Road Warrior was a 1981 movie that was the second installment of the Mad Max film series. The star and hero of the movie was Mel Gibson (remember him?) who played “Mad” Max. The… Continue Reading: Mad Max Was Wrong
Interest rates, recession and so much more this winter. Continue Reading: Winter Is Here!